Monday, June 15, 2015

Manulife's Quick Issue Term Insurance

Buying a house? Renewing your mortgage? Or in need of a quick and easy term insurance to cover yourself and your family?

If you are between the ages of 18 and 50, Manulife’s Quick Issue Term could be your answer to fast and easy mortgage, or life, insurance to cover your family. Optional coverage includes a children’s protection rider and the application does not require blood and urine testing, with fewer medical questions.

Answer the following questions and you can get quick and easy coverage anywhere from $100,000 to $500,000.

1.  In the past 60 days, have you consulted a doctor or other health practitioner or had medical testing done for anything other than pregnancy or minor ailments? (For example, sprains, cold or flu?)
2. In the next 90 days, do you have medical tests scheduled or recommended for anything other than pregnancy, routine immunizations, flu shots or minor ailments (for example, cold or flu?)
3. In the past two years, has a doctor or other health practitioner recommended counselling or recommended a treatment or medication that lasted longer than one month?
4. In the past 12 months, have you visited a dentist for routine dental care?

Simply call our office at (905) 332-6633 and complete the online application with either Dania or Lori. Please have the following information ready and the application process can simply be done over the phone.
  • Banking information, including transit, bank code and bank account information
  • Driver’s license information
  • E-mail address

You will need to provide your electronic signature and your first payment will come directly out of your bank by EFT. All subsequent payments can then be paid monthly from your account, or you can choose to pay them annually and Manulife will send you an invoice for the balance of the funds required.

The good news is Manulife responds to your application, in most cases, within one business day. If you are approved for coverage, your contract and beneficiary form will be mailed to you directly by Manulife in as little as one business day– saving you time. You will be responsible for returning the beneficiary form to Manulife following the instructions provided.

For more on Manulife's Quick Issue Term Insurance check out the video below.

If you have any questions regarding Manulife's Quick Issue Term Insurance, or about your existing coverage, please don't hesitate to call the office.